Motorcoach

MCI finalizes Setra acquisition

Posted on July 2, 2012

Motor Coach Industries Inc. (MCI) announced the completion of its acquisition of Setra’s operations in the U.S. and Canada and the establishment of a strategic partnership with Daimler Buses.  

Through the acquisition, MCI obtains responsibility for sales and service support of Setra S 417 and Setra S 407 motor coach models; the company’s pre-owned coach inventory; the distribution of Setra and related genuine Daimler Buses parts; and the operations of Setra’s service center in Orlando, Fla.

Daimler has also assumed a minority ownership position in MCI, forming an engineering, technology and manufacturing alliance as part of the transaction. Final terms of the agreement have not been disclosed.

“This transaction strengthens MCI’s luxury motor coach offerings in the North American marketplace with the Setra brand, while establishing a strategic partnership with the world’s leading manufacturer of motorcoaches,” MCI CEO Rick Heller. “While we expect to integrate our internal operations, the strategic intent is to maintain the integrity of the MCI and Setra brands. This includes maintaining a separate new-coach sales effort. Much of the consolidation will occur in internal and support functions, and we will communicate these changes with our customers as quickly as possible.”

View comments or post a comment on this story. (0 Comments)

More News

Mobile Awareness unveils complete ELD compliance solution

MobileTRAQ® ELD consists of a mobile application installed on any Android device and the web-based MobileTRAQ® platform.

MCI opens new S.F. Bay Area sales and service center

The Hayward complex features the latest diagnostic equipment, nine service bays, a state-of-the-art parts inventory system, paint booth and OEM trained technicians.  

Seat belt usage by motorcoach drivers hits record levels

Since 2007, FMCSA, in collaboration with the NHTSA has conducted the Safety Belt Usage by Commercial Motor Vehicle Drivers Survey six times. In each survey, safety belt usage by commercial drivers has been shown to be steadily increasing.

ABA urges Congress to fund intercity bus security grant program

In the wake of Sept. 11, 2001, Congress recognized the need to address security risks threatening the surface transportation network, specifically identifying the intercity bus industry as a vital mode of transportation through establishment of the IBSGP in the Implementing Recommendations of the 9/11 Commission Act of 2007.

NTSB: Lack of oversight, sleep-deprived driver led to 2016 Calif. bus crash

A motorcoach operated by Fresno-based Autobuses Coordinados USA Inc., traveling from Los Angeles to Modesto on State Route 99, drifted out of its travel lanes, striking a barrier system and a highway signpost shortly after 3 a.m., Aug. 2, 2016, near Livingston, Calif.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close